NIFTYINDIADEFENCE · NSE

Nifty India Defence

Index · View only — not on the trading terminal

₹9,351.7

+0.86% (+₹79.8)

Prev. close

₹9,271.9

Volume

3,29,06,079

As of

18 Sept 2026

Price history

Bullish

Antique Stock Broking Analysis · Antique Stock Broking · 06 Jul 2026

Maintains 'Buy' ratings on Mazagon Dock Shipbuilders, HAL, Bharat Electronics, Bharat Dynamics, Zen Technologies, Solar Industries, and PTC Industries, identifying them as potential beneficiaries of the latest ₹52,000 crore DAC approvals. The brokerage sees strong growth opportunities for defence companies in the foreseeable future, supported by project approvals worth ₹12.5 lakh crore in FY24-26.

Published mid-session at 09:57 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

₹9,351.7+₹40.4 (+0.43%) · CALL
06 Jul 202618 Sept 2026
₹9,998.7₹9,129.1Entry ₹9,311.306 Jul23 Jul10 Aug01 Sept18 SeptCall published 09:57
Antique Stock Broking Analysis's call · 06 Jul 2026

Analyst sentiment

Analysts lean bullish

9 analyst stances · last 90 days · one per analyst

Trackable

3 · 3 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

6 · 6 bull / 0 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (9)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Maintains 'Buy' ratings on Mazagon Dock Shipbuilders, HAL, Bharat Electronics, Bharat Dynamics, Zen Technologies, Solar …Antique Stock Broking AnalysisAntique Stock BrokingDefence SectorPENDING
Maintains 'Buy' ratings on Mazagon Dock Shipbuilders, HAL, Bharat Electronics, Bharat Dynamics, Zen Technologies, Solar Industries, and PTC Industries, identifying them as potential beneficiaries of the latest ₹52,000 crore DAC approvals. The brokerage sees strong growth opportunities for defence companies in the foreseeable future, supported by project approvals worth ₹12.5 lakh crore in FY24-26.

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Market commentary · 6 · levels, conditionals, previews, macro & hedged views — context, not graded
CallAnalystInstrumentVerdictActions

Index metrics

As of 20 Sept, 07:29 IST

Open

9,311.3

Day High

9,436.35

Day Low

9,305.7

Prev. Close

9,271.9

52W High

10,067.2

52W Low

7,184.9

P/E

56.44

P/B

10.81

Div. Yield

0.51%

Member stocks today

How many of this index's member stocks rose or fell today — a broad move and a few-heavyweights move look very different here.

15

Rose

4

Fell

0

Flat

Composition

19 stocks · 15 advanced · 4 declined

Member stocks, ranked by index weight — heaviest first.

Top weight: BEL · 30.7% (free-float mcap share, estimate — not NSE’s published weight)

StockWeightPrice · Day

Index levels are informational only, not investment advice.

BDL

Talbros, Bharat Dynamics 9 Other Stocks That Will Trade Ex-Dividend Next Week

Bharat Dynamics Ltd, a defense public sector company, has declared a final dividend of Rs. 0.40 per share. The stock will trade ex-dividend on September 21, 2026. This dividend represents 8% of the company's face value of Rs. 5 per share.

11 hours ago·Read at Trade Brains
BEL

Bharat Electronics stock gains fresh defence orders as margins stay in focus

Bharat Electronics Ltd. secured new defense orders worth INR 648 crore for various electronic systems, adding to its substantial order book. The company reported a 25.3% year-on-year revenue increase in Q1 FY27, but profit growth was slower at 8.2% due to tighter margins from higher material costs. Analysts maintain "Buy" ratings with target prices around INR 500-530.

12 hours ago·Read at AD HOC NEWS
MIDHANI

Mishra Dhatu Nigam Limited (NSE:MIDHANI) Will Pay A ₹1.25 Dividend In Three Days

simplywall.st · 22 hours ago

SOLARINDS

Solar Industries To Acquire South Africa’s Omnia Holdings For Rs 12,951 Cr

Solar Industries India will acquire South Africa's Omnia Holdings for approximately Rs 12,951 crore in an all-cash deal. This acquisition aims to expand Solar Industries' global footprint in commercial explosives and blasting solutions. The transaction is expected to close by mid-2027, pending regulatory approvals.

COCHINSHIP

Cochin Shipyard Growth Strategy: Ship Repair Expansion, Defence Orders and Future Pipeline

Kalkine India · 2 days ago

MTARTECH

MTAR Technologies: Promoter Sells 20,000 Shares

investywise.com · 2 days ago

BEML

BEML Share Price News: stock gains 6.85% today

Univest · 2 days ago

MAZDOCK

Mazagon Dock Shipbuilders to invest Rs 15,000 crore in Andhra shipyard

The Economic Times · 2 days ago

HAL

HAL Share Price rises 2.16%: price action and fundamentals

Univest · 2 days ago

BDL

Bharat Dynamics Share Price rises 2.10% on stock move

Univest · 2 days ago

HAL

HAL wraps up original Tejas order; CMD Ravi K says Mk-1A issues to be resolved soon, stock up nearly 2%

Moneycontrol.com · 2 days ago

BEML

BEML Shares Surge 5% After Rs 5,400 Crore Bullet Train Order

Equitypandit · 2 days ago

COCHINSHIP

Cochin Shipyard: Releases Investor Call Transcript on FY27 Performance & Joint Ventures

Cochin Shipyard Limited released its investor call transcript detailing FY27 Q1 performance, including a turnover of INR 1,094.21 crores and PAT of INR 151.45 crores. The company also discussed a proposed 50:50 joint venture with Drydocks World, Dubai, for an International Ship Repair Facility. Strategic initiatives and an unexecuted order book of INR 22,000 crores were also highlighted.

GRSE

GRSE Q2 FY27 Results Preview: Date, Trends and Numbers

Univest · 2 days ago

BHARATFORG

Bharat Forge Opening Bell Updates: Share Price Rises 2.94% on New Collaborations

LatestLY · 2 days ago

BEL

HAL, BEL, L&T: CLSA sees up to 35% upside driven by Rs 2.19 lk cr defence capex

CLSA initiated coverage on Bharat Electronics (BEL) with an 'Outperform' rating and a target price implying 35.3% upside. The brokerage expects BEL to benefit from increasing electronics content in defence equipment and its leadership in radars, sonars, and electronic warfare systems. Rising defence spending and domestic procurement are key drivers for the sector.

AXISCADES

Axiscade Technologies Shares Hit 10% Upper Circuit; Here Are 5 Reasons Behind the Rally

AXISCADES Technologies shares hit a 10% upper circuit due to positive defense sector outlook and increased government spending. The company is shifting focus to aerospace and defense, with a reported defense opportunity pipeline exceeding Rs 24,000 crore. Investor attention also increased ahead of an upcoming analyst meeting.

AXISCADES

AXISCADES Technologies Share Price Surges

AXISCADES Technologies Limited's share price surged, trading at ₹1,845.80, significantly above its 50-day SMA. The company reported a consolidated total income of ₹185.86 crore for June 2026, but also a net loss of ₹14.76 crore. Investors are monitoring the stock's momentum and upcoming financial performance.

APOLLO

Apollo Micro Systems share price jumps 3.5% after recent fall | technical experts flag key levels

Apollo Micro Systems shares rose 3.5% on September 17, despite an 8.76% decline over the past week. This jump occurred as the company reported a 43% increase in net profit for Q1 FY27. Technical analysts warn that key support levels may fail to prevent further price drops.

3 days ago·Read at Livemint
ASTRAMICRO

Astra Microwave Products (ASTRAMICRO.NS) Climbs 1.76% to ₹1621.9, Nearing Key Resistance Zone - Earnings Sentiment

siam.in · 3 days ago